Louisiana lands $156 million to help people get solar panels. See what's planned. - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
April 23, 2024 Property and Casualty News
Share
Share
Post
Email

Louisiana lands $156 million to help people get solar panels. See what's planned.

Advocate, The (Baton Rouge, LA)

Apr. 22—Louisiana has been awarded a $156 million grant to deploy solar energy to homes and apartment buildings across the state, delivering a boost to renewables and an ongoing effort to create solar-powered hubs that can help residents when a hurricane knocks out the power grid.

The state Department of Energy and Natural Resources hailed the award Monday as a win for efforts to make the state more resilient in the face of hurricanes.

The U.S. Environmental Protection Agency selected Louisiana and 59 other grantees across the country as it handed out $7 billion in total awards. The money comes from the federal Inflation Reduction Act championed by President Joe Biden and opposed by Louisiana's Republicans in Congress.

The award comes as environmental advocates have raised concerns about Gov. Jeff Landry's position on environmental initiatives. Landry, a Republican and a skeptic of the scientific consensus around climate change, has floated a dramatic reorganization of energy and coastal offices and tapped former oil lobbyist Tyler Gray as head of the rebranded Department of Energy and Natural Resources. Before Landry took office in January, the agency was called the Department of Natural Resources.

It was Gray who enthusiastically announced the news Monday. In a statement, Gray said that Louisiana is "uniquely positioned to benefit from this federal investment," given the state's population is concentrated in areas at high risk from hurricanes that have knocked out power to huge swaths of people in recent years.

It was former Gov. John Bel Edwards' administration that originally applied for the funding, telling the federal government in a grant application in October that it would "significantly expand" solar installations in the state and help low-income and disadvantaged communities benefit from the technology.

Edwards' administration highlighted Louisiana's particular vulnerability to climate change, which has exacerbated power disruptions.

Patrick Courreges, spokesperson for the DENR, said the state applied for $250 million in funding and was awarded $156 million. He said it was too early to say exactly when and how people will be able to tap into the money.

Monika Gerhart, executive director of Gulf States Renewable Energy Industries Association, suggested the grant would help to "close the funding gap for more than 20,000 rooftop systems." That, in turn, will create a "a significant number of well-paying jobs," she added, noting that a typical solar installer in Louisiana earns about $55,000 annually.

The DENR said in a news release that the program, called "Solar for Y'all," will help low-income people get solar panels on homes and apartments by upgrading homes to make them suitable for panels. The money will also go to create low-cost financing for solar, creating "equitable loan" programs for community resilience hubs, which are solar-powered centers that are designed to keep power when the grid goes down, among other things.

Gray also signaled to industrial facilities that the program won't interfere with existing plants that need uninterrupted power, saying the initiative will "enhance safety for our workforce both within and beyond the fence line, ensuring reliable and resilient energy supply."

EPA Administrator Michael Regan said the $7 billion in new grants will reach 900,000 American households.

"The selectees will advance solar energy initiatives across the country, creating hundreds of thousands of good-paying jobs, saving $8 billion in energy costs for families, delivering cleaner air, and combating climate change," he said in a statement.

___

(c)2024 The Advocate, Baton Rouge, La.

Visit The Advocate, Baton Rouge, La. at www.theadvocate.com

Distributed by Tribune Content Agency, LLC.

Older

Private insurance companies now covering over-the-counter birth control, New Mexico says

Newer

Florida small businesses prepare for an "extremely active" hurricane season

Advisor News

  • Guide women along the walk through widowhood
  • Dutch gambling tax hike falls short as prediction markets eye World Cup
  • Caregiving: A challenge that costs employers billions
  • Could your practice benefit from an advisory board?
  • SEC nears settlement with accused scammer Tai Lopez
More Advisor News

Annuity News

  • Guide women along the walk through widowhood
  • Regulators clear way to rewrite annuity illustration rules
  • Diversification’s growing importance in retirement planning
  • AI’s dual reality: Efficiency for insurers, disruption for agents
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
More Annuity News

Health/Employee Benefits News

  • Reports from Kaiser Permanente Northern California Advance Knowledge in Managed Care (Trends in Infertility Treatments by Race, Ethnicity, Socioeconomic Status, and Region in U.S. Birth Certificates from Live Births: 2011-2022): Managed Care
  • Research from University of Pennsylvania School of Nursing Reveals New Findings on Managed Care (Association of intervention fidelity and outcomes in implementation of the Thrive transitional care program for Medicaid-insured individuals): Managed Care
  • Researchers at University Gadjah Mada Report Research in Machine Learning (Landscape of Machine Learning for Health Insurance Fraud Detection: Global Evidence and Lessons for Indonesia): Machine Learning
  • CA state workers’ and retirees’ premiums to increase 5% on average next year
  • Anthem Blue Cross and Blue Shield Establishes Commercial Coverage for LucentAD® Complete; Quanterix to Present New Data Highlighting Multi-Analyte Advantages
More Health/Employee Benefits News

Life Insurance News

  • SWBC’s Joan Cleveland Reappointed to Texas Association of Life & Health Insurers (TALHI) Board of Directors
  • AM Best Introduces US Life Version of Best’s Capital Adequacy Ratio Model Product
  • Change the lens you use to evaluate premium-financed IUL
  • AI’s dual reality: Efficiency for insurers, disruption for agents
  • Insurance industry employment shows disturbing declines
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet